Bookkeepers vs. Accountants: What’s The Difference?
What’s the difference between hiring an accountant vs. a bookkeeper? The best way to look at it is that a bookkeeper will analyze, track and maintain records of your day-to-day transactions in your bookkeeping software. They get down into the nitty-gritty; we’re talking the final dollars and cents. They’ll also provide nifty financial reports that can help you get the lay of the land.
An accountant, however, provides large-scale overviews of a company. They’ll offer evaluations and insights based on the information recorded by a bookkeeper. Accountants love to interpret complex data and identify liabilities or other problem areas that may need to be addressed. If, say, you’re considering a fundraise, an accountant would be able to give you a heads up on whether or not investors might consider you to be a viable candidate.
“They get down into the nitty-gritty; we’re talking the final dollars and cents. They’ll also provide nifty financial reports that can help you get the lay of the land.”
We think an all-in-one finance solution with expert bookkeepers, accountants, CPAs, tax advisors and CFOs is the best possible solution for fast-growing startups.
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